The BBC’s Proms in the Park is the latest event to be axed in Caerphilly due to council budget cuts.
The town has hosted the event, to mark the Last Night of the Proms, three years in a row against the backdrop of Caerphilly Castle.
But Caerphilly County Borough Council has confirmed the Proms have been scrapped this year.
A council spokesman said: “Caerphilly has provided the spectacular backdrop for the BBC Proms in the Park for the last three years and the whole area enjoyed the many benefits of hosting this popular event.
“Unfortunately, due to the severe financial constraints facing the council, we were not in a position to offer to host the concert this year.
“We hope to work with the BBC again in the future and wish them luck with this year’s event.”
The announcement comes just weeks after Caerphilly Observer revealed Caerphilly would not be hosting a stage of the Tour of Britain cycling race because of council budget restraints.
More than 4,300 people attended the televised 2013 BBC Proms in the Park in Owain Glyndwr Playing Fields, listening to West End star Sophie Evans and BBC National Orchestra and Chorus of Wales.
The Proms also gave prominence to community acts, including Caerphilly Children’s Choir, Caerphilly’s Got Talent’s winning violinist James Jones and Aber Valley Male Voice Choir.
Nigel Jones, Musical Director of Caerphilly Children’s Choir, said: “Coming on the back of the news that Caerphilly will not be hosting the Tour of Britain this year, the news about losing the Proms comes as a second blow.
“It casts doubt on the council’s policy regarding the promotion of Caerphilly.
“I feel very fortunate that the Caerphilly Children’s Choir had the opportunity to perform at the Proms last year. It was the largest audience the choir has had and was a wonderful experience for all the choristers.”
“Such a huge cultural event as this has many benefits and it is such a shame that the event has now left Caerphilly. We shall be the poorer for that.”
BBC Cymru Wales Director, Rhodri Talfan Davies, said: “BBC Proms in the Park is a wonderful opportunity to share in the fun and excitement of the Last Night of the Proms. This year we’re back in Swansea after a successful time in Caerphilly.
“Returning to Singleton Park, in the year of the centenary of the birth of Dylan Thomas, is very exciting and I’m sure everyone in the park and millions of viewers at home are in for a real treat.”